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Rolls-Royce Power Systems seeking to certify its mtu engines with hydrogen fuel

By: Rebecca Campbell     15th October 2021 UK-based global power and industrial technology group Rolls-Royce announced on Friday that its Germany-based Rolls-Royce Power Systems division, which produces mtu-brand engines and power systems, was further developing its power generation units so that they could run on hydrogen. Hydrogen fuel... 

Govt speeding up plans to designate Sedibeng as SEZ

By: Tasneem Bulbulia     15th October 2021 Trade, Industry and Competition Deputy Minister Fikile Majola says government is working "with great speed" towards designating the whole of Sedibeng into a special economic zone (SEZ) to be named the Vaal SEZ. Majola was speaking at the Sedibeng Investment Conference, hosted in Vanderbijlpark,... 

Creecy says a climate finance breakthrough is key to COP26 success 

By: Terence Creamer     15th October 2021 South Africa’s Forestry, Fisheries and the Environment Minister Barbara Creecy says a breakthrough is needed at COP26 on the issue of climate finance, warning that the failure of developed countries to honour their $100-billion-a-year commitments has led a breakdown of trust. Addressing a virtual... 

CDC continues to advance inclusive growth, development

By: Tasneem Bulbulia     15th October 2021 The Coega Development Corporation (CDC) is working to advance the inclusive growth and socioeconomic development of the country, says CDC marketing and communications head Dr Ayanda Vilakazi. A year ago, Eastern Cape Finance and Economic Development, Environmental Affairs and Tourism MEC Mlungisi... 

Tribunal approves Sandvik SRP’s acquisition of Kwatani Global

By: Tasneem Bulbulia     15th October 2021 The Competition Tribunal has approved the large merger whereby K2021544474 (South Africa), to be renamed Sandvik SRP, intends to acquire Kwatani Global. The tribunal has approved the transaction with conditions relating to broad-based black economic empowerment shareholding. 

Seifsa tables final three-year above-inflation wage offer in an effort to end strike

By: Schalk Burger     15th October 2021 Industry employer organisation the Steel and Engineering Industries Federation of Southern Africa (Seifsa) has made a final wage offer to workers' unions in an effort to bring an end to the nine-day strike in the metals and engineering sector. The offer is for the lowest-paid employees to receive... 

Asia’s coal mining revival doesn’t mean the energy crisis is over

By: Bloomberg     15th October 2021 A crunch on coal production from key hubs in China and India is beginning to ease, but that won’t be enough to halt Asia’s energy crisis. Major industries in the region, including steelmakers to chemical producers, are expected to continue to face power disruptions through the winter, as fuel... 

Ministry organises inaugural Angola International Diamond Conference

By: Tasneem Bulbulia     15th October 2021 The Angola Ministry of Mineral Resources, Petroleum and Gas (MIREMPET) says the inaugural Angola International Diamond Conference (AIDC) will be held from November 25 to 27, in Saurimo, the capital of the Lunda Sul province. The AIDC will include the participation of Mining Ministers from the... 

Opinion: Combatting climate change with green energy solutions for Africa

15th October 2021 In this opinion article, Standard Bank head of sustainable finance, wholesale clients Greg Fyfe and head of power, wholesale clients Rentia van Tonder write that Africa has no choice but to join the global drive toward limiting greenhouse-gas emissions; however, the continent must facilitate a... 

Rio adjusts production expectations following tough quarter

By: Esmarie Iannucci     15th October 2021 Mining major Rio Tinto has seen production declines across its portfolio of commodities during the three months to September, and has adjusted some of its targets for 2021. “It has been another difficult quarter operationally and despite improving versus the prior quarter, we recognise the... 

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